Why do cryptocurrency prices spike after exchange listings?
A post by Evelyn Soto
To buy Bitcoin using Lends, first, find a cryptocurrency exchange that supports the BTC/LENDS trading pair. Create an account, verify your identity, and deposit your LENDS into your exchange wallet. Locate the BTC/LENDS pair on the trading platform and place an order to exchange your Lends for Bitcoin. If the BTC/LENDS pair is unavailable, you can first exchange Lends for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Bitcoin for Lends, first, find a cryptocurrency exchange that supports the BTC/LENDS trading pair. Create an account, verify your identity, and deposit your BTC into your exchange wallet. Locate the BTC/LENDS pair on the trading platform and place a sell order to exchange your Bitcoin for Lends. If the BTC/LENDS pair is unavailable, you can first sell Bitcoin for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Lends. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by Evelyn Soto
A post by William Parvez